Bazan Oil (Israel) Today

ORL Stock  ILS 123.70  2.20  1.75%   

Performance

3 of 100

 
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High
Insignificant

Odds Of Distress

Less than 10

 
100  
 
Zero
Low
Bazan Oil is trading at 123.70 as of the 28th of March 2024, a -1.75 percent decrease since the beginning of the trading day. The stock's open price was 125.9. Bazan Oil has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Bazan Oil Refineries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of September 2023 and ending today, the 28th of March 2024. Click here to learn more.
Oil Refineries Ltd. engages in the production and sale of crude oil products in Israel and internationally. Oil Refineries Ltd. was incorporated in 1959 and is based in Haifa, Israel. OIL REFINERIES is traded on Tel Aviv Stock Exchange in Israel. The company has 3.21 B outstanding shares. More on Bazan Oil Refineries

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Bazan Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Bazan Oil's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Bazan Oil or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOYashar BenMordechai
Business ConcentrationEnergy, Oil, Gas & Consumable Fuels, Oil & Gas Refining & Marketing, Energy (View all Sectors)
Bazan Oil Refineries (ORL) is traded on Tel Aviv Stock Exchange in Israel and employs 1,425 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.87 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bazan Oil's market, we take the total number of its shares issued and multiply it by Bazan Oil's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Bazan Oil Refineries operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 3.21 B outstanding shares. Bazan Oil Refineries has accumulated about 510.95 M in cash with 12.94 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.16.
Check Bazan Oil Probability Of Bankruptcy
Ownership Allocation
Bazan Oil Refineries retains a total of 3.21 Billion outstanding shares. Bazan Oil Refineries retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Bazan Ownership Details

Bazan Stock Price Odds Analysis

What are Bazan Oil's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Bazan Oil jumping above the current price in 90 days from now is about 55.39%. The Bazan Oil Refineries probability density function shows the probability of Bazan Oil stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Bazan Oil has a beta of 0.916. This indicates Bazan Oil Refineries market returns are sensitive to returns on the market. As the market goes up or down, Bazan Oil is expected to follow. Additionally, bazan Oil Refineries has an alpha of 0.0457, implying that it can generate a 0.0457 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 123.7HorizonTargetOdds Above 123.7
44.45%90 days
 123.70 
55.39%
Based on a normal probability distribution, the odds of Bazan Oil to move above the current price in 90 days from now is about 55.39 (This Bazan Oil Refineries probability density function shows the probability of Bazan Stock to fall within a particular range of prices over 90 days) .

Bazan Oil Refineries Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Bazan Oil market risk premium is the additional return an investor will receive from holding Bazan Oil long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Bazan Oil. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Bazan Oil's alpha and beta are two of the key measurements used to evaluate Bazan Oil's performance over the market, the standard measures of volatility play an important role as well.

Bazan Stock Against Markets

Picking the right benchmark for Bazan Oil stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Bazan Oil stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Bazan Oil is critical whether you are bullish or bearish towards Bazan Oil Refineries at a given time. Please also check how Bazan Oil's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Bazan Oil without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Bazan Oil Corporate Directors

Bazan Oil corporate directors refer to members of a Bazan Oil board of directors. The board of directors generally takes responsibility for the Bazan Oil's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Bazan Oil's board members must vote for the resolution. The Bazan Oil board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

How to buy Bazan Stock?

Before investing in Bazan Oil, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Bazan Oil. To buy Bazan Oil stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Bazan Oil. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Bazan Oil stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Bazan Oil Refineries stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Bazan Oil Refineries stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Bazan Oil Refineries, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Bazan Oil Refineries?

The danger of trading Bazan Oil Refineries is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Bazan Oil is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Bazan Oil. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Bazan Oil Refineries is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Bazan Oil Refineries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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When running Bazan Oil's price analysis, check to measure Bazan Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bazan Oil is operating at the current time. Most of Bazan Oil's value examination focuses on studying past and present price action to predict the probability of Bazan Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bazan Oil's price. Additionally, you may evaluate how the addition of Bazan Oil to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Bazan Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bazan Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bazan Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.